Cornerstone Planning Group LLC Acquires 223,067 Shares of Schwab U.S. Aggregate Bond ETF $SCHZ

Cornerstone Planning Group LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) by 56,472.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 223,462 shares of the company’s stock after purchasing an additional 223,067 shares during the quarter. Schwab U.S. Aggregate Bond ETF accounts for approximately 0.6% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 25th largest holding. Cornerstone Planning Group LLC owned approximately 0.06% of Schwab U.S. Aggregate Bond ETF worth $5,245,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Decker Retirement Planning Inc. purchased a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $26,000. Cloud Capital Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $30,000. Bernard Wealth Management Corp. purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF in the third quarter valued at approximately $31,000. Evolution Wealth Management Inc. bought a new position in Schwab U.S. Aggregate Bond ETF in the second quarter worth approximately $73,000. Finally, Traub Capital Management LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the 2nd quarter worth $76,000.

Schwab U.S. Aggregate Bond ETF Stock Down 0.6%

Shares of NYSEARCA SCHZ opened at $23.30 on Tuesday. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.52 and a twelve month high of $23.71. The business has a fifty day simple moving average of $23.42 and a two-hundred day simple moving average of $23.40.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 6th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.085 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Monday, February 2nd. This is a positive change from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07.

Schwab U.S. Aggregate Bond ETF Company Profile

The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.